The lobby lights come on before sunrise. Booking dashboards begin updating, room prices change according to demand, banquet halls prepare for events and renovation teams inspect ageing areas of the property. Behind all this activity, another team studies revenue, expenses, contracts and the long-term value of the hotel.
Hotel asset management is not limited to running guest services. It includes selecting operators, controlling costs, planning renovations, improving room revenue and protecting the owner’s investment.
In this article, hotel asset management companies refer to businesses that own, develop, lease or actively manage hotel properties. It does not include booking websites or ordinary travel agencies.
Considering portfolio size, asset quality, operating experience, brand partnerships, development capabilities and future expansion, let’s check out the top 10 hotel asset management companies in India in 2026.
1. Indian Hotels Company Limited
Indian Hotels Company Limited, or IHCL, is India’s largest hospitality platform and a part of the Tata Group. It manages a wide range of properties through brands such as Taj, SeleQtions, Vivanta, Gateway and Ginger.
IHCL uses a combination of owned hotels, management contracts, leases and franchise agreements. Its portfolio has expanded to more than 600 hotels, giving it unmatched experience in luxury, business, leisure and budget hospitality.
2. ITC Hotels Limited
ITC Hotels became a separately listed hospitality company following its demerger from ITC Limited. It follows an “asset-right” strategy that combines selected hotel ownership with management and franchise agreements.
Its brands include ITC Hotels, Mementos, Welcomhotel, Storii and Fortune Hotels. Strong luxury properties, sustainable building practices and an expanding managed portfolio make ITC Hotels one of India’s most capable hospitality asset platforms.
3. SAMHI Hotels
SAMHI Hotels is one of India’s largest branded hotel ownership and asset-management companies. Its portfolio includes hotels operated under Marriott, Hyatt and IHG brands.
The company has 31 operational hotels with more than 4,899 rooms across 13 major cities. It acquires, renovates, rebrands and improves hotel properties instead of depending only on new construction. Its partnership with GIC has also strengthened its capacity for future acquisitions and development.
4. Chalet Hotels
Chalet Hotels is a part of the K Raheja Corp Group and one of India’s best-known hotel asset owners and developers. It owns high-quality properties operated under global brands such as Marriott, Westin, JW Marriott, Novotel and Hyatt.
The company has 11 operational hotels with 3,389 rooms. Its strategy combines hospitality assets with commercial and mixed-use developments, particularly in Mumbai, Bengaluru, Hyderabad and Pune.
5. Juniper Hotels
Juniper Hotels is a luxury hotel development and ownership company formed through a partnership between the Saraf Group and Hyatt. It is the largest owner of Hyatt-affiliated hotels in India.
Its portfolio includes Grand Hyatt Mumbai, Andaz Delhi, Hyatt Regency Ahmedabad and Hyatt Regency Lucknow. Juniper manages around 2,130 rooms across eight hotels and focuses on large luxury properties in commercially important destinations.
6. Leela Palaces, Hotels and Resorts
Leela Palaces, Hotels and Resorts Limited, formerly Schloss Bangalore Limited, is a leading luxury hospitality asset platform backed by Brookfield.
The company owns, operates and manages Leela hotels in major business and leisure destinations. As of March 2026, its portfolio had expanded to 15 operational hotels with more than 4,100 rooms. Its premium properties, strong room rates and expansion into cities such as Mumbai make it a major luxury asset manager.
7. Lemon Tree Hotels
Lemon Tree Hotels has created one of India’s largest mid-market hospitality networks. Its brands include Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox and Keys.
The company works through owned, leased, managed and franchised properties. It operates more than 120 hotels and has a substantial development pipeline. Its ability to serve both premium and value-conscious travellers gives its portfolio broad market coverage.
8. EIH Limited
EIH Limited is the flagship company of the Oberoi Group. It owns and manages luxury hotels under the Oberoi, Trident and Maidens brands.
The company is known for carefully selected properties rather than rapid expansion. Its strengths include premium locations, strict service standards, experienced hotel management and long-term maintenance of iconic assets. EIH is particularly important in India’s luxury and upper-upscale hospitality segment.
9. Ventive Hospitality
Ventive Hospitality owns and develops luxury hotels and resorts in India and Sri Lanka. Its portfolio includes properties associated with Marriott, Ritz-Carlton, JW Marriott and Conrad.
The company’s operating portfolio includes eight hotels with approximately 1,582 rooms, along with new properties under development. Its combination of hospitality, office and retail assets also helps it create integrated developments in important urban and leisure markets.
10. Brigade Hotel Ventures
Brigade Hotel Ventures is the hospitality division of the Brigade Group. It owns hotels operated under Marriott, Accor and IHG brands.
The company operates nine hotels with more than 1,600 rooms, mainly across South India and GIFT City. It plans to enter additional business, leisure and spiritual destinations through acquisitions and new developments. Its strong real-estate development background supports efficient site selection and project execution.
Frequently Asked Questions
Q1. Can an independent hotel owner hire these companies to manage a property?
Some companies accept management, lease or franchise agreements from outside hotel owners, while others primarily manage their own properties. Owners should check the company’s preferred hotel size, location, category and commercial model before approaching it.
Q2. Does using a famous hotel brand guarantee that a property will be profitable?
No. A recognised brand can improve visibility and distribution, but profitability also depends on location, construction cost, room pricing, occupancy, debt, operating expenses and the terms of the management agreement.
Q3. What should an owner examine before signing a hotel management agreement?
Important areas include the agreement period, management fees, performance tests, renovation obligations, owner approval rights, termination conditions, marketing charges and restrictions on opening competing hotels nearby.
Q4. How can an asset manager improve an underperforming hotel?
The asset manager may revise room pricing, reduce unnecessary expenses, renegotiate vendor contracts, improve banquet revenue, reposition the property, appoint a new operator or recommend renovation and rebranding.
Q5. Can a small independent hotel use professional asset management?
Yes, but large national companies may not accept very small properties. Such hotels can consider regional third-party operators or specialised hospitality consultants offering revenue management, cost control and owner-representation services.
